Managers of Wealth Offshore

Guernsey: How Is More Regulation Impacting Fund Distribution?

Dominic Wheatley, Chief Executive of Guernsey Finance, looks at the impact of regulations such as AIFMD have impacted the funds industry

GFSC launches consultation paper on revising laws

The Guernsey Financial Services Commission (GFSC) has issued a formal consultation paper seeking feedback from the financial services industry on a number of proposals to amend the Bailiwick’s supervisory and regulatory laws.

Private client structuring: private trust companies and private trust foundations

Guernsey is renowned for being one of the leading jurisdictions for fiduciary work having built a strong reputation over decades and providing private clients with the right wealth structures quickly and with a high degree of expertise and professionalism

New China law targets tax avoidance offshore

The law would affect investment companies, analysts said, adding it would also have a significant impact on Hong Kong, a major hub for cross-border deals involving the mainland.

How Can National Fund 1MDB lie to the people?

Party secretary-general Rafizi Ramli said both the central bank and Finance Ministry should act against the strategic development firm.

Evidence gathering for JIFC gets underway

The Corporate Services Scrutiny Panel at the States of Jersey has begun gathering evidence for its Review of the planned development of a ‘Jersey International Finance Centre’

Cyprus: The Alternative Investment Funds Law -Transitional Arrangements For Existing Funds

Following the entry into force of the Alternative Investment Funds Law of 2014 on 27 July the Cyprus Securities and Exchange Commission has issued guidance on a number of practical implementation issues.

Labour: Donations from British Virgin Islands company

Ed Miliband insists no hypocrisy over offshore donation and admits he will 'probably' have to pay the Mansion Tax, which affects houses worth more than £2million

Cayman Finance Welcomes Cayman Islands Government Stance On Beneficial Ownership

The changes that were being insisted upon were unreasonable

Insurance Managers Association of Cayman: Cayman Enacts PIC Regulations

The Cayman Islands Insurance (Portfolio Insurance Companies) Regulations 2015 were passed Jan. 16, 2015

Preparation leads Guernsey to regulatory success

Guernsey’s forward-thinking approach to international regulatory requirements has aided the success of its funds industry and raising its profile as an international finance centre, according to a panel discussion at the Guernsey Funds Masterclass i

Industry praises Guernsey for meeting regulatory demands

Panellists at a Guernsey funds technical masterclass in London have praised the jurisdiction for its “progressive nature” in tackling international regulatory developments.

Cayman Enacts PIC Regulations

The Cayman Islands Insurance (Portfolio Insurance Companies) (PIC) Regulations 2015 were passed 16 January 2015, along with related sections of The Insurance (Amendment) Law 2013

Malta is the jurisdiction of choice for international pensions including QROPS

Global Head of International Pensions Bethell Codrington writes about the IMF's findings on the security of Malta as a financial jurisdiction

Cayman Islands companies - a guide to the enforcement of security – receivership

When a corporate borrower faces financial difficulties, there are a variety of enforcement, restructuring and insolvency options available to creditors. From a creditor’s perspective, the choice of procedure will depend on whether the borrower has g

Jersey signs Asset Sharing Agreement with USA

The consistent and reliable cooperation we receive from our counterparts in Jersey has been indispensable to our efforts

Bank Negara urged to act on 1MDB funds in Cayman Islands

He noted that 1MDB has sought a further postponement of its repayment of the RM2 billion and expressed the hope that this will not affect the country’s credit rating and the local banking and financial industry and system.

Turks & Caicos to undergo independent public finance check

The Turks & Caicos Island is to have its public financial management reviewed once more under the Public Expenditure and Financial Accountability programme.

New Statutory Regime for the Gibraltar Financial & Professional Services Market

It will work in a way that facilitates innovation in financial and professional services and speed to market, both now and in the future, whilst at the same time strengthening it in various areas.

Malta QROPS Open Way For 100% Pension Drawdown

Malta Qualifying Recognised Overseas Pension Schemes (QROPS) are jumping on the flexible access bandwagon

Regulation, Risk & Compliance